Norberto Wilfrido

This borrower lives in Machala. He has two businesses. He is a master electrician, but he also makes puppets and masks for the New Years Eve festivities. He works with a friend and his brother helps with manufacturing the puppets. Both business activities are very productive for him.

The borrower has been separated from his first love for more than eight years and has no children. In the near future, he wants to finish the construction of his house and also increase his business activities. For now, the borrower will invest his loan in the purchase of electrical supplies and materials for his work.

Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.